Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$349,615$349,615$544,500
Remaining term (yrs)24.124.130.0
Secondary amount$0$194,885$0
Funding fee$1,748$1,748$0
Note rate2.250%2.250%7.320%
Blended rate2.250%4.308%7.560%
1st payment$1,559.95$1,559.95$3,740.34
2nd payment$0.00$1,299.24$0.00
Taxes / mo$191.17$191.17$191.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.90
HOA / mo$148.67$148.67$148.67
Total monthly$2,066.45$3,365.69$4,355.74
Cash to close$255,385$60,500$60,500